| Metric | Q4 2025 | Q3 2025 | Q4 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.6B | $24.0B | $22.5B | 2.4% | 9.1% |
| Op. Income | $5.6B | $7.1B | $3.8B | -21.2% | 45.6% |
| Gross Margin | 67.6% | 69.6% | 68.3% | -2.0pp | -0.8pp |
| Net Margin | 20.8% | 21.5% | 15.2% | -0.6pp | 5.6pp |
| EPS (Diluted) | $2.10 | $2.12 | $1.41 | -0.9% | 48.9% |
| Free Cash Flow | $5.5B | $8.4B | $4.8B | -34.7% | 13.1% |
| Item | Amount |
|---|---|
| REVENUE | $24.6B |
| Cost of Revenue | $8.0B |
| GROSS PROFIT | $16.6B |
| R&D Expenses | $4.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.8B |
| Other Expenses | $0 |
| Operating Expenses | $11.0B |
| Cost & Expenses | $19.0B |
| OPERATING INCOME | $5.6B |
| Interest Income | $237M |
| Interest Expense | $214M |
| Other Income/Expenses | -$625M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | -$150M |
| Net Income from Continuing Ops | $5.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.1B |
| D&A | $2.0B |
| EBIT | $5.2B |
| EBITDA | $7.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $24.6B |
| Cost of Revenue | $8.0B |
| GROSS PROFIT | $16.6B |
| R&D Expenses | $4.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.8B |
| Other Expenses | $0 |
| Operating Expenses | $11.0B |
| Cost & Expenses | $19.0B |
| OPERATING INCOME | $5.6B |
| Interest Income | $237M |
| Interest Expense | $214M |
| Other Income/Expenses | -$625M |
| INCOME BEFORE TAX | $5.0B |
| Income Tax Expense | -$150M |
| Net Income from Continuing Ops | $5.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.1B |
| D&A | $2.0B |
| EBIT | $5.2B |
| EBITDA | $7.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $5.1B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $309M |
| Deferred Income Tax | -$3.7B |
| Other Non-Cash Items | $16.3B |
| Change in Working Capital | -$12.7B |
| OPERATING CASH FLOW | $7.3B |
| Capital Expenditure | -$1.8B |
| Acquisitions (Net) | -$3.1B |
| Purchases of Investments | -$243M |
| Sales/Maturities of Investments | $219M |
| Other Investing Activities | $458M |
| NET CASH FROM INVESTING | -$4.5B |
| Net Debt Issuance | $2.1B |
| Common Stock Repurchased | -$1.9B |
| Common Dividends Paid | -$3.1B |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $5.5B |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.7B |
| Short-Term Investments | $393M |
| Net Receivables | $17.2B |
| Inventory | $14.2B |
| Other Current Assets | $4.2B |
| TOTAL CURRENT ASSETS | $55.6B |
| PP&E (Net) | $23.2B |
| Goodwill | $48.8B |
| Intangible Assets | $50.4B |
| Long-Term Investments | $0 |
| Tax Assets | $6.9B |
| Other Non-Current Assets | $14.4B |
| TOTAL NON-CURRENT ASSETS | $143.6B |
| TOTAL ASSETS | $199.2B |
| Account Payables | $12.0B |
| Short-Term Debt | $8.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $54.1B |
| Long-Term Debt | $39.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.8B |
| Other Non-Current Liabilities | $17.3B |
| TOTAL NON-CURRENT LIABILITIES | $63.5B |
| TOTAL LIABILITIES | $117.7B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $169.0B |
| Treasury Stock | -$75.6B |
| Accum. Other Comp. Income | -$14.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $81.5B |
| TOTAL LIABILITIES & EQUITY | $199.2B |
| Total Debt | $47.9B |
| Net Debt | $28.2B |
